Suzhou Centec Communications Inks Major Ethernet Switch Chip Deal Worth Over 100 Million Yuan

Stock News

Aug 16

Suzhou Centec Communications Co.,Ltd. (688702.SH) has announced the signing of a product sales contract with related party Shenzhen CECport Technologies Co., Ltd.. The total value of the agreement exceeds 50% of the company's audited operating revenue from the most recent fiscal year and surpasses 100 million yuan.

The contract involves the sale of Ethernet switch chips. If the agreement is successfully fulfilled, it is expected to generate a positive impact on the company's operating performance in the relevant years during the contract's execution period.

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